If you are tracking the NSE Do it via RICHLIVE and use Mozilla Firefoxas your Browser.0930-1500 KENYA TIMENormal Board - The Whole shebangPrompt Board Next day settlementExpert Board All you need re an Individual stock.

Dragon’s blood tree, Dracaena cinnabari, Socotra, Yemen. Living for upto 500 years, these bizarre trees are unique to the island of Socotra.Growing in severe conditions, they have raised their branches upwardover time in an effort to obtain moisture from the highlandmists—hence the distinctive appearance of their canopies, which looklike an umbrella blown inside out. Twice per year the islanders areallowed to cut the trunks of these trees to collect their deep redsap, highly prized since antiquity for its medicinal value

Desert rose, Adenium obesum, in Socotra, Yemen Socotra’s ”bottletrees,” are among the most astonishing sights in the alienlikelandscape. Leathery and bulbous, they look somewhat like smallbaobabs, with inflated trunks and huge tuberous roots that apparentlyrequite little soil, as they sink into the bare rock. Their blossomshave earned them their more poetic name: desert rose.

Word of the day: "zohar" - the quality of brightness, of radiancefrom within, of being aglow with possibility (Hebrew; זֹהַר). "Zohar"connotes an openness to & connection with natural beauty; it is alsothe name of the foundational work of Kaballah.https://twitter.com/RobGMacfarlane/status/1073835098980659201

Remember, Michael Cohen only became a “Rat” after the FBI didsomething which was absolutely unthinkable & unheard of until theWitch Hunt was illegally started. They BROKE INTO AN ATTORNEY’SOFFICE! Why didn’t they break into the DNC to get the Server, orCrooked’s office?Conclusions

He is a linguistic warfare Specialist but the linguistics now confirmshe is tipping over the edge.

The Crown Prince of Saudi Arabia, Mohammed bin Salman, is planning a“game-changing” meeting with Israeli Prime Minister BinyaminNetanyahu, the Middle East Eye reported Thursday.According to the London-based, Qatari-funded outlet, the sources inthe Saudi kingdom claimed that the Crown Prince is “seriouslyconsidering” a “game-changing” meeting with Netanyahu, which would behosted by President Donald Trump.The plan for a meeting with the Israeli leader, including a publichandshake modeled on the Begin-Sadat handshake at Camp David in 1978,is reportedly being developed by a special team put together by theCrown Prince to deflect criticism following the killing of dissidentjournalist Jamal Khashoggi at a Saudi consulate in Turkey in October.The move is reportedly being promoted in part in the hopes of curbingplans by Western powers, including a pending motion in the US Senate,against the Saudi leadership over Khashoggi’s murder.“MBS asked his task force to study this proposal and he hinted that heliked the idea,” a Saudi official told the Middle East Eye.

One group -- Works and Pensions Secretary Amber Rudd, ChancellorPhilip Hammond, Cabinet Office Secretary David Lidington, JusticeSecretary David Gauke and Business Secretary Greg Clark -- is leaningtoward backing a second referendum if all other options are exhausted,according to the newspaper’s account.

Environment Secretary Michael Gove and Home Secretary Sajid Javid areunderstood to be refusing to accept the prospect of leaving without adeal but want Brexit to proceed. Gove is thought to prefer the idea ofa softer departure such as a Norway-style deal.

A third group of House of Common leader Andrea Leadsom, Secretary tothe Treasury Liz Truss and Foreign Secretary Jeremy Hunt are said tobe willing to leave without a deal, the newspaper said.

You will recall that Presidents Trump and Xi Jinping enjoyed a muchanticipated ''Truce'' Dinner at the G20 in Buenos Aires and quaffed aCatena Zapata Nicolas Malbec [2014] wine with their sirloin steaks andfinished it all off with caramel rolled pancakes, crispy chocolate andfresh cream, a dinner that ran over by 60 minutes and one where thedinner Guests broke out into spontaneous applause thereafter.

Everybody had crypto dreams. What did they think they were buying?Bitcoin was worth $3,300 on Dec. 11. That’s amazing, considering thatcryptocurrency was created out of nothing 10 years ago.But it’s also depressing to many, because a year ago, Bitcoin’s valuehit almost $20,000 in what could prove one of the most dramaticeconomic bubbles in world history.The fallout has been stark. “Mr. Satoshi, the CEO, [is] not showing upto provide any kind of explanation … #Shame #Refund,” lamented onefrustrated crypto enthusiast online, apparently misinformed about therole of Bitcoin’s unknown, pseudonymous inventor.The sentiment, and the many like it, show how far we’ve come fromBitcoin’s dreamy beginnings. For much of its first decade,cryptocurrency was a form of digital populism, fueling a belief thatit would be used to fight greed, financial manipulation, and the powerof Wall Street while delivering a secure, efficient, and independentpayment system.Today, Bitcoin is unmoored from those ideological underpinnings; it’sbecome many things to many people. Even after the crash, there arethose who hold out hope that it will be the path to fast wealth in theform of Lamborghinis. (“When Lambo?” being the rallying call of thegeneric crypto bro.) To others, it’s a vehicle for fraud, moneylaundering, and other crimes. And for many on Wall Street, Bitcoin isa legitimate asset class that the traditional financialestablishment—and regulators—will eventually bless.And an entirely new vernacular evolved: Don’t get distracted by FUD(fear, uncertainty, and doubt)—just HODL (hold), bro.In 2017 companies sought to take advantage of investors’ sense of FOMO(fear of missing out). They changed their names to include the word“blockchain” and immediately saw their stock prices soar. There werecrypto influencers getting paid to shill for digital assets on socialmedia. (Some famous ones, including boxer Floyd Mayweather Jr., havebeen fined by the U.S. Securities and Exchange Commission for thepractice.) Crypto whales were rumored to have locked up huge swaths ofthe market. A cult arose of Bitcoin maximalists, who believe theirparticular digital currency (and no one else’s) will one day replaceall other forms of money.Can Bitcoin and its brethren survive this sell-off? Three times beforewe’ve seen peaks in the price and dramatic drops, only for cryptoprices to improve later. The big difference this go-round is the sheerscale of the money lost—more than $700 billion, according to CoinbaseInc., a digital currency platform. There are more careers on the line,too. Hundreds of former database managers have rebranded themselves“blockchain experts,” and wealth managers have pitched digital assetsas a form of portfolio diversification to investors who probablydeserved better advice.Market wisdom says crashes find their bottom when the last bullcapitulates and sells. But what does capitulation look like for anasset that’s been as much a cultural moment as an investable security?How many different dreams for Bitcoin have to die? To be trustworthy,money should be simple and boring—which Bitcoin has so far never been.Someone was always going to be disappointed.

It was an in an article on Dec 30th 2016 that I wrote that myconviction Trade for 2017 was 1. Long BITCOIN. BITCOIN was trading atlevels around $1,000.00 going into 2017. My Thesis was that BITCOINand the entire crypto-currency World which had been very esoteric andsomething of a closed World of ''bug-eyed'' Gamers and the Off-GridFolks who wanted throw the Yoke of Government off their backs, would''mainstream'' And it ''mainstreamed'' beyond my wildest dreamsthrough 2017. By November 2017 BITCOIN was knocking on the door of$10,0000.00 and on the 27th November 2017, I wrote an articlecaptioned Bitcoin "Wow! What a Ride!" and advised booking the profitson the Trade. A more than 9.7x Price Inflation was gettinguncomfortably close to outpacing the Tulip Mania [see Graph] BITCOIN'sparabolic price rally had spawned thousands of other crypto currencieswhich were sold on the same grounds as the greatest South Sea Bubbleprospectus: “For carrying on an undertaking of great advantage, butnobody to know what it is.”

The Price inflated further reaching a high of $19,763.00 on 18 dec2017. By the first of January this year we had retreated to$13,428.00. On the 02-JAN-2018 I reiterated my Point to get out andsaid '' I am no longer bullish bitcoin, in fact, I am bearish'' Atthis point in time, I met Folks on these Streets who would pull outtheir Computer and show me how they were making money every second[Look at that they would say and indeed There was a number and it wasticking higher] mining BITCOIN. The recent cryptocurrency marketdecline has resulted in a similar drop in mining profitability andforced Chinese operators to sell their mining devices at a loss. Somemining machines are being sold on the second-hand market for merely 5percent of their original value. Others would tell me, I've boughtNvidia. Crypto at this point was at Peak Phenomenon.

As I write this BITCOIN is trading at $3,650.00. I think its goingright back to levels below $1,000.00.

We have yet to hit peak melt-down. The reason being so many Folksespouse the HODL philosophy.

GameKyuubi posted "I AM HODLING," a drunk, semi-coherent, typo-ladenrant about his poor trading skills and determination to simply holdhis bitcoin from that point on. "I type d that tyitle twice because Iknew it was wrong the first time. Still wrong. w/e," he wrote inreference to the now-famous misspelling of "holding." "WHY AM IHOLDING? I'LL TELL YOU WHY," he continued. "It's because I'm a badtrader and I KNOW I'M A BAD TRADER. Yeah you good traders can spotthe highs and the lows pit pat piffy wing wong wang just like that andmake a millino bucks sure no problem bro."

He concluded that the best course was to hold, since "You only sell ina bear market if you are a good day trader or an illusioned noob. Thepeople inbetween hold. In a zero-sum game such as this, traders canonly take your money if you sell." He then confessed he'd had somewhiskey and briefly mused about the spelling of whisk(e)y. [HODLDefinition | Investopedia]

“But it is a curve each of them feels, unmistakably.It is theparabola. They must have guessed, once or twice -guessed and refusedto believe- that everything, always, collectively, had been movingtoward that purified shape latent in the sky, that shape of nosurprise, no second chance, no return.’’

Let me leave you with Hunter S. Thompson, “Life should not be ajourney to the grave with the intention of arriving safely in a prettyand well preserved body, but rather to skid in broadside in a cloud ofsmoke, thoroughly used up, totally worn out, and loudly proclaiming“Wow! What a Ride!”

The only thing that can accelerate as fast as an electric car is theprice of the most expensive metal in its batteries. Once a niche inputused to strengthen turbine blades, cobalt’s value has soared since itstarted to feature in modern electronics. Most phones need a fewgrams’ worth, and every car requires 5-10kg. That adds up. Manybusiness models are based on ample reservoirs of cobalt that expertswarn do not exist.

Most incremental demand for cobalt comes from carmakers, which haveinvested around $100bn in electric-vehicle (ev) technology. Accordingto one estimate, by 2030 at least as much of the stuff will be neededfor transport alone as was mined in 2017. America has designated it a“critical mineral”.

Battery technology is evolving; some need less or no cobalt. Tesla, anelectric carmaker, is among those saying it is “aiming to achieveclose to zero usage of cobalt”, helping derail a rally in the metal’sprice this year (see chart).

Sometimes they operate on the territory of big miners. “We takeshovels, torches, hammers, picks and wire-cutters to make a hole inthe fence,” says Paul, one such miner in Kawama, near Glencore’soperations. “We usually go to the mine at around 10pm. If we don’t getcaught we’ll stay there, digging, until dawn.” Cobalt traders, many ofwhom are Chinese, will buy a night’s output for $40—a small fortune bylocal standards.

A few other places, such as Australia, have small amounts of cobalt.But the biggest source is even trickier than Congo to explore: leaguesbelow the high seas. Much of the floor of the Pacific ocean is linedwith nodules rich in cobalt. If there is not enough in the ground,going underwater is the logical next step.

Cobalt prices have dropped more than 25 percent since a peak in Aprilamid growing concerns that too much supply has been brought online inresponse to surging prices. Last week Glencore warned that some buyersin China reneged on contracts after seeing prices plunge, forcing thecompany to renegotiate the commercial terms of the deals.

Glencore, the biggest producer of the key battery ingredient, is nowin the process of trying to negotiate with its contracted buyers, saidthe person who declined to identified as the matter is private.Reuters earlier reported that GEM had stopped buying from Glencore.

“GEM and Glencore are always strategic partners,” the Chinese companysaid in a statement posted on a website of the Shenzhen StockExchange. “The cobalt supply business with Glencore is alwaysoperating normally. We have never stopped our cooperation. Glencoreand GEM are jointly actively coping with challenges in the cobaltsupply market.”

GEM and its subsidiaries agreed in March to lock in 13,800 metric tonsof cobalt contained in hydroxide from Glencore this year before risingto 18,000 tons in 2019 and 21,000 tons in 2020. The figuresrepresented about 35 percent of Glencore’s planned cobalt productionthis year at the time of the announcement.

Although the Tigrayans who inhabit these craggy hills are only a smallminority in a country of more than 100 million, they have dominatedits power structures since 1991 when the Ethiopian People’sRevolutionary Democratic Front (EPRDF) drove a Marxist military regimefrom power.Now many leading Tigrayans are being detained or sidelined asreformist prime minister, Abiy Ahmed attempts to draw a line underpast abuses. One adviser to Abiy told Reuters that the prime ministerhas sacked 160 army generals for actions he said amount to “stateterrorism”.In Mekelle, capital of the Tigray region, and in nearby villages, asiege mentality is taking hold among people who say they feel underattack. The frustration could pose a threat to the 42-year-old primeminister as he urges people to back “reforms, not revolution”.“Abiy controls the international narrative but not necessarily thecountry,” Getachew said.Abiy addressed the accusation in a statement on Wednesday, saying:“Just like we don’t blame a forest for what a single tree has done, wedon’t blame or point our fingers at any tribe for the crimesindividuals committed.”Abiy too hails from the EPRDF. He served in the military in Tigray asa teenager and speaks the Tigrinya language. But he has taken awrecking ball to the institutions the ruling coalition had used tocontrol the country.In a speech last month, he said the three years of anti-governmentprotests that helped bring him to power in April showed thatEthiopians no longer tolerate “backwardness and injustice”.In the capital, Addis Ababa, and other cities, Abiy’s face iseverywhere: on stickers, t-shirts and posters. But not in Tigray,where he is increasingly unpopular.“We won them freedom. We brought them electricity. We built themroads,” said Fitsum Tekele, a 50-year-old farmer, as he crouchedbarefoot in a field outside Mekelle harvesting teff, the staple crop,with a sickle. “If they say they were in darkness for 27 years, theirminds are not working.”Two of his brothers left a car hire business in the Amhara region,Fitsum said. “They came home with nothing.”“Nobody will kneel down here,” a tour guide said.

Zambia has denied claims by a White House official that China isabout to take over its state power utility to recover $6-10 billiondebt, noting the utility was never provided as collateral and its debtto Beijing was only $3.1 billion.U.S. National Security Advisor John Bolton said on Thursday thatChina’s quest for more power in Africa was evident in nations likeZambia, and China was poised to take over Zambia’s utility companyZesco to collect the debt.Zambia’s presidential spokesman Amos Chanda told Reuters the figure ofbetween $6-10 billion given by Bolton was wrong. Zambia’s totalexternal debt was now $9.7 billion including $3.1 billion owed toChina, he said

Avenue of the Baobabs, Adansonia grandidieri, in Morondava, MadagascarThese baobabs, which rise to heights of nearly a hundred feet, arefound only on the island of Madagascar, where they’re known as renala,Malagasy for “mother of the forest.” The trees in this grove areapproximately 800 years old. Sadly, these 20-some baobabs are the onlysurvivors of what was once a dense tropical forest. In 2007, theavenue was granted temporary protected status.

The offensive claim, contained in the IMF’s latest report on thecountry dated October 2018, states as follows: “The EBA-litemethodology for the exchange rate suggests that the external positionis weaker than fundamentals. The current account approach shows thatthe current account deficit (both actual and cyclically adjusted) areabove the norm (the CA gap is -2.5 percent), suggesting anovervaluation of about 17.5 percent of the real exchange rate. Thiscan only marginally be explained by the policy gap. The REER approachalso shows a similar-size of overvaluation, equivalent to about 18.0percent. Again, the policy gap is marginal. Given the continuedappreciation of the real exchange rate, the external position isassessed to be weaker than fundamentals. Regarding the last approach,the external sustainability approach, it was not possible to use it asthe international investment position data is not yet produced by theauthorities.” This needs a fair amount of disambiguation. EBA is aneedless acronym that stands for external balance approach forexchange rate assessment. The methodology is described in an IMF paperpublished in 2013 as an update of a previous methodology known asCGER. CGER is another needless acronym for consultative group forexchange rate assessment. This EBA thing appears to be what the CBKgovernor is referring to as a new approach.

Kenya's low institutional strength stems from its low ranking on theWorldwide Governance Indicators. High statistical transparencysupports policy decision-making, but fiscal policy effectiveness andcredibility have weakened.The government's persistently large fiscal deficits and rollback onits commitment to repeal the cap on banks' lending rates introduced inSeptember 2016 point to low fiscal policy effectiveness andcredibility.The fiscal deficit reached more than 8% of GDP between fiscal year2015 and fiscal year 2017, driven by large spending related toinfrastructure upgrades.The general election and droughts in 2017 put additional pressure ongovernment spending during the year, while revenue remained subdued.Moody's expects only a gradual narrowing of the fiscal deficit toaround 6.5% of GDP in fiscal 2019, which is higher than thegovernment's target of 5.7% in the original budget and the level of6.1% proposed in the supplementary budget.Kenya's twin deficits expose it to tighter global liquidity, whichmakes interest rate rises more likely, a risk the government isparticularly sensitive to given its large borrowing requirements ofabout 20% of GDP.